Senate Democrats propose legislation for automatic CFPB funding.
Senate Democrats propose a bill for automatic CFPB funding through Fed transfers, seeking to stabilize the agency's budget and reduce future financial risks.
Mortgage Credit Availability Increases Slightly in May
Mortgage credit availability increased by 0.1% in May, driven by slight loosenings in jumbo programs, while government and conforming credit remained stable.
ICE Mortgage Monitor: Home Equity Lending Rises Due to Lock-in Effect
In Q1, equity withdrawals reached $47B, with second liens at $25B. Refinance-incentivized buyers dropped to 1.8 million in May, signaling market shifts.
California Settles with Select Portfolio Servicing for $4.6 Million
SPS agrees to pay $1.6 million in civil penalties and $3 million in restitution for borrowers affected by its practices, pending court approval.
Gabe Bodner Discusses Marketing Reverse Mortgages to Affluent Borrowers
Top-producing originators like Gabe Bodner are shifting perspectives on reverse mortgages, presenting them as strategic wealth management tools for affluent retirees.
Zillow’s MRED feed is secure as Realtracs faces an impending deadline.
A federal judge mandated that MRED restore Zillow's listing feed following a restraining order, with a preliminary injunction hearing scheduled for July.
Drees Homes focuses on operational leadership for future success.
Explore the legacy of a German immigrant through a nearly century-old Cape Cod house in Wilder, Kentucky, showcasing resilience and craftsmanship in homebuilding.
Achieve increases fixed-rate HELOC limit to $700,000.
Achieve increases its fixed-rate HELOC cap to $700,000, lowers starting APR to 5.5%, offering up to 90% LTV and 50% DTI for private lenders.
HECM Broker Rankings Remain Stable as Atlantic Avenue Retains Top Position
Atlantic Avenue led HECM brokers with 938 endorsements in the past year, maintaining its position as the top choice among the leading firms in the industry.
Berkshire Taylor Morrison Agreement Highlights Vertical Integration Trends
Berkshire Hathaway’s acquisition of Taylor Morrison prompts critical discussions on homebuilder valuations, leadership dynamics, and the strategic push for scalability in the industry.